Payroll Pro Insights: Do we think AI can replace Humans? New updates within the Fingercheck App and new payroll growth, all here?
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Payroll Pro Insights – your biweekly companion for staying in the know about the Payroll Industry. We've got you covered with everything from compliance and legal updates to those all-important payroll reminders. Our newsletter provides expert insights in a friendly, easy-to-digest format so you can stay informed and confidently manage your payroll.
It's a great time to choose a payroll provider. Increasing efficiency should be at the top of your list. Fingercheck is determined to make every hour count. Ready to switch?
Big updates, bigger wins: What’s new at Fingercheck?
Hey there, Fingercheck fam! We know, we know—a lot is going on with our latest updates, but we promise it’s all good stuff that’s going to save you tons of time (and money).?
From simplifying payroll reporting to making team schedules work better for your business, we’ve thought long and hard on how to make your workday more efficient.
So, let’s jump right into what’s new—and if you’re not a Fingercheck customer yet, scroll down and you will be ??
Weekly schedule templates for non-desk workers
Time is money. ??
It is also one of the biggest resource crunches that small businesses face.
In a fast-paced business environment, it’s crucial for small businesses—especially those with non-desk workers—to efficiently schedule work to optimize time and resources.
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In this post, we will discuss how creating daily or weekly schedules can help small businesses, such as yours, keep track of projects, maximize productivity, and meet deadlines.
Employee clocking in and out policies
In the absence of a proper clocking in and out policy, small businesses, especially those tracking work hours, are vulnerable to time theft and abuse. This can result in overpayments and financial loss, limiting their ability to scale up.
To accurately track employee work hours, prevent payroll errors, and potential disputes, we recommend hourly businesses implement a well-defined clocking in and out policy.
Let’s understand what time tracking entails and how to create a clocking in and out policy that works well for your unique business needs.
Basically, a clocking in and out policy is a set of clearly defined rules and procedures that employees must follow to record their work hours at the start and end of their work hours. A clocking in and out policy helps businesses track attendance, accurately record the number of hours each employee works, calculate wages, and ensure compliance with labor laws.
In the US, the Fair Labor Standards Act (FLSA) provides guidelines for time clock rules for hourly employees. It also regulates minimum wages, overtime payments, and recordkeeping.
Creating and implementing a clocking in and out policy is essential for promoting punctuality and accountability among employees. By ensuring that the recorded work hours are genuine, it can help businesses prevent fraud and unnecessary overpayments.
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